Small Account Trader PRO Alert: Close GLD Trade

Our broken wing iron condor GLD trade is now at “full profit” and we can close it today. We got into the trade with a 0.97 credit and we can close it for around 0.57 debit or a 0.40 credit and a $200 net profit a 10% profit in 4 days. We may re-set this trade again in Friday’s live trading session (10:30 AM).

 

TRADE CLOSE

 

SPDR Gold ETF (GLD):  154.97

 

TRADE ACTION:  CLOSE the GLD 4 Nov 145 / 150 put and 4 Nov 154 / 154.50 call for a net debit of around 0.57

STC the GLD 4 Nov 145 put

BTC the GLD 4 Nov 150 put

BTC the GLD 4 Nov 154 call

STC the GLD 4 Nov 154.50 call

 

The Master Portfolio is trading 5 contracts.